If a Single-Price Monopolist and a Perfectly Price-Discriminating Monopolist Face

question 76

Multiple Choice

If a single-price monopolist and a perfectly price-discriminating monopolist face the same demand and cost curves, then

• A)the single-price monopolist will attain resource-allocative efficiency, but the discriminating monopolist will not.
• B)the single-price monopolist will attain resource-allocative efficiency, but the discriminating monopolist may or may not, depending upon the demand for its product.
• C)the single-price monopolist will not attain resource-allocative efficiency, but the discriminating monopolist will.
• D)both the single-price and the discriminating monopolist will attain resource-allocative efficiency.
• E)neither the single-price nor the discriminating monopolist will attain resource-allocative efficiency.

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